Unit 17 Reading Activity Plus Questions

Listen to the audio recording while you read along. Then answer the comprehension questions that follow the text.

Cost accounting

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Reading Comprehension Questions

Cost accounting evaluates overall costs, actual and notional, and can be used to project changes of those costs.
Cost accounting helps in anticipating benefits, preparing budgets, analyzing feasibilities for expansion, and will result in cost reduction.
By limiting the costs incurred before profits, and by implementing the opportunity costs, the business will be successive.
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